929 Olin Avenue, Indianapolis, IN 46222

$145,000 Asking Price

3 beds
1 bath
720  sqft
Built in 1953

This cash-flowing investment property is a prime opportunity for savvy investors looking for a fully remodeled, tenant-occupied home with rental income already in place. The tenant is secured through September 2025, making this a hassle-free, turn-key investment. Stripped down to the studs and completely remodeled, this home features all-new siding, roof, HVAC, water heater, windows, and updated electrical systems-no detail was overlooked. The centerpiece of this home is the modern kitchen, which boasts brand-new stainless steel appliances and stunning butcher block countertops, making it a standout feature of the property. The 720-square-foot home offers 2 comfortable bedrooms, 1 bonus room that can be used as an office or additional living space, and 1 full bathroom. It's designed to maximize functionality and style while maintaining low maintenance for long-term ownership. Located just steps from the B&O Trail, your tenants will have access to excellent outdoor recreation, and they'll appreciate the convenience of being just a short drive from I-70 and the airport. **Key Features:** - **Tenant Occupied Until September 2025** - Guaranteed cash flow. - **Complete Remodel** - Stripped to the studs with all new siding, roof, HVAC, water heater, windows, and electrical. - **Modern Kitchen** - Stainless steel appliances and butcher block countertops make the kitchen the heart of the home. - **Location** - Steps from the B&O Trail and a short drive to I-70 and the airport, making it a prime spot for tenants. This is a rare chance to invest in a fully renovated property with rental income already in place. Don't miss out on this fantastic investment opportunity!

Features & Amenities

Interior

General:
Attic Access
Appliances:
Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator
Laundry:
Common Laundry
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Fireplaces: 0

Exterior

Style:
Cape Cod
Other Structures:
Covered Porch
Parking:
Other

Construction

General:
One, Crawl Space

Location

Originating MLS:
mibor
School District:
Indianapolis Public Schools
County:
Marion

Lot

Zoning:
Fairfax L 30, 491105117019000901

Utilities

Utilities:
Cable Available, Electricity Connected, Gas Nearby, Gas, Sewer Connected, Water Connected, 200+ Amp Service
Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Resolute Realty, Dana Rivers

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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